The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1887-10-14
washington.
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WAsIiiNoroN, D. c., Sept. a6th, 1857.
That the action Of the Government In
Issuing call forthe purchase Of fourteen
snllllons In bonds was wise and timely, is
the opinion OF able and experienced fnan
ciers In all portions of the country, and
there ID also general feeling that : finsn
cial crises was narrowly averted-due d.
rectly to the constant and enormous ab.
scrption Of the currency by the immense
| surplus that continues 70 accumulate with
startling persistency. | know OF certain
staneh and extensive business firms, In
some great commercial centres OF the I'm.
Ion, that were absolutely unable 20 place
loans, With the best collateral, At 10 per
cent. The ready response 10 the Treas
ury's measure Of relief has been 90 salts
factory that Il IL believed that there will
be no further tightness generally seriously
felt In the money market until Congress
will have the opportunity toproyide perm.
anentiy for the country's financial Ills,
brought on by the canker.worm Of our
body politic--the Treasury surpius--our
troublesome heritage from the unsound
hscai policy OF the republicans.
The President and Secretary Bsyard had
a conference, lasting nearly day,the past
week, during which several Congressman
were denied audisnce. and II is supposed
that some affair OF state of grave impors.
ance--perhaps solution of the fisheries
problem-was under discussion, though
nothing has yet transpired 20 indicate the
subject matter OF the consultation.
| The Commissioner Of Internal Revenue
IL preparing statement that will show TO
what extent the Government receipts
would be decreased by total repeal OF the
internal revenue taxes, and the result, so
far, is interesting In one aspect,as least, as
showing decided change in the bibaIous
tendencies and Ineiinations Of the citizens
Of the United States. Il appears that as
compared with the previous 6scal year
there has been great falling of in the
maaufacture Of whisky--the decreased
taxation amounting to nearly three mil.
liens and three quarsers--the decline hav.
Ing been noticed for number OF years
past. But, on the other hand, the manu-.
tacture Of beer il 50 rapidly increasing
that II may now be termed the national
bsverage-the increased taxation OF the
past year showing gain OF about two mil.
lion and half dollars over the preceding
year. Al an early date the Commissioner
proposes to have an analytical test made
OF every brand Of American beer, as II ID
alleged that many brewers use more sico.
hcl In making their beer than the Law al.
lcws-henes II Il thought the analysis will
cause sc nsation. The Commissioner oi
Internal Revenue states Il as his belief
that the steady decrease In the manufae.
ture Of distilled spirits Il due to the rapid
growth Of temperance reform in this eoun.
TRY.
While all Is 80 quiet In polItics-this be.
Ing an of year--lt may startIe.li Il does
not awe your readers, that nsw Presiden.
tiaI ticket. and wonderful combination Il
is, too, linking a. II does two OF the great
names Of the nation, has been launched
here In the Capital. And well may Pres.
ldent Cleveland as he realizes the strength
OF this combine" quake In his boots, az he
sess HE vision Of second term vanish In.
to thin air. for how does he dare to oppose
the Presidential aspirations ~ those mighty
men OF rsnoxa. ose eminent statesmen
who viii favorably compare with the faith,
eTs Of the Republic Lincoln and Doug.
lass Yes. repeat Il, Robert Lincoln and
Frederick Douglass. The glorious deed
was done At banquet given 10 Douglass
the intellectual giant Of the negro race. on
the anniversary Of emancipation day, and
though, by a strange coincidence, Robert
the son of his father, happened TO be In
this city At tho same time, do not know
that he Is committed to the movement yet
his presence here on such an occasion may
be significant.
The frisky and wayward Riddieberger,
feeling that he has been snubbed By uIs
Republican Senatorial associates. threatens
to give the majority trouble next winter
BY voting with the Democrats and tying
the Senate whenever II suits the whim oi
the erratic Virginian, which judging from
his past course, VIII be quite often. Rid.
dleberger will be the pivotal power Of the
Senate, and he will make the most OF bis
exceptional opportunity to keep the Re-
publIcans In constant state Of suspense.